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Search Results 0 to 16 of about 17 (some duplicates have been removed)
the un-pegging versus the u.s. dollar, which will create more uncertainty about the dollar versus china, and therefore the value of what business companies are doing in china. >> tom: we spoke with william nobrega, managing partner at the conrad group, an emerging markets investment advisor about what the new leaders need to do. one of the things that they need to do is taking the reform and building the institution so they ne a robust healthcare system and education system. therthere is a growing inequaliy between rich and poor in china and that is a grave concern for the new leadership. >> the outgoing president 'senet corruptions that you haven't heard from a chinese leader. saying "combatting corruption is a major political issue" how big of an economic issue is it. they are going to lose faith in the government and you can see somwide scale issues coming about. the question is can they tackle corruption and they have not been successful yet. $120 billion has left the country in graft. it filters through to the provinces and it's a big issue. >> are you looking at china puta signifi
. that and more tonight on "n.b.r." we begin with what has become the un-official post- thanksgiving past-time for many americans: shopping. the black friday doorbuster sales began earlier than ever. yesterday, in fact. but stores were busy with shoppers hunting for deals. holiday sales are expected to increase by about 4% this year, to more than $580 billion, according to the national retail federation. allison worrell kicks off out coverage of retail's big day. >> it's 5:30 in the morning at one of miami's most popular malls, and while it may look tame now, but this is the calm before the black friday shopping storm. >> reporter: from the victoria's secret's pink, to the apple store, people are enthusiastic about buying and it shows. david vaton is on the hunt for an ipad mini and he says when it comes to getting a good deal, sleep is overrated. >> i stayed up the whole night, i did not go to sleep at all. today, so it's been a really long night. >> i got up at 2:00 in the morning. i probably got like five hours of sleep but i'm awkwardly awake right now. >> how much do you expect to sa
we'll get. une loyment, as yout, remember, it dips down unexpectedly to 7.8%, i expect that will notch up a tenth or two. i don't think we go over 8%. >> susie: it could notch up a bilt. good information. mark, always a pleasure talking to you. mark zandi. >> thank you. >> tom: still ahead, from downed powerlines, to flooded out utilities, we talk about powering back up after sandy, with the head of nextera energy. >> susie: hurricane sandy has created an energy shock in the northeast, gas pumps aren't working, supplies are tight, and where there is fuel, there are long lines; reminiscent of the 1970's gas shortage. with two jor gasoline refineries in the northeast region still shut down, capacity is off 10%. and with spotty power,so especially in parts of new jersey, gas pumps don't work, so many gas stations are closed to drivers, and people looking tod fu their generators. >> tom: airli ts, trucking companies and railroads are all working to untangle the mess left in sandy's wake. bridges into manhattan are now open again, but not all the traffic tunnels have re-open
and labor un-rest. >> reporter: hostess brands says it decided to liquidate after a strike by members of the bakery, confectionery, tobacco workers, and grain millers international union crippled production at several plants. the workers walked off their jobs a week ago protesting pay cuts and benefit concessions the company demanded in order to exit bankruptcy reorganization. >> it's a shock for a lot of us. we are actually people who want to work, but we are tired of this company's way of constantly lying to us. >> reporter: hostess had already reached a deal with the teamsters union. the irving, texas company filed for chapter eleven in january-- the second time in less than three years. hostess operates nearly 1,200 bakeries, distribution centers, and outlet stores in the u.s. the 82-year old company employs about 18,000 people. many iconic hostess brands could continue to live on after the company's demise. it says it wants to sell as much of its infrastructure as possible. diane eastabrook, "n.b.r.," chicago. >> susie: our next guest says don't panic, twinkies will not disappea
Search Results 0 to 16 of about 17 (some duplicates have been removed)